We characterize the optimal linear tax on capital in an Overlapping Generations model with two period lived households facing uninsurable idiosyncratic labor income risk. The Ramsey government internalizes the general equilibrium feedback of private precautionary saving. For logarithmic utility...

The use of information and communication technologies (ICT) within multinational groups leads to a rising number of intragroup cross-border transactions. At the same time, transactions and the organisational structures of affiliated groups become more and more specific and, thus, less...

We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...

Die gewählte Rechtsform eines Unternehmens bestimmt auch nach (und gerade trotz) der Steuerreformen der letzten Jahre in erheblichem Ausmaß die Steuerbelastung deutscher Unternehmen. Daher hat sich auch die steuerwissenschaftliche Literatur in zahlreichen Beiträgen der Fragestellung nach der...

We study the effects of compulsory military service in Finland on the conscripts' future labour market behaviour. This is measured in three ways: first, the time it takes to complete civil education and the level of education acquired; second, how the conscripts will find employment; and third,...

In this paper, we present preliminary empirical findings on the incidence of employee involvement practices in the Finnish manufacturing sector. The novel survey on EI practices is based on a representative random sample from the population of the Finnish manufacturing firms who had 50 or more...

Tutkimuksessa tarkastellaan eduskunnan vuonna 2004 päättämän yritys- ja pääomaverouudistuksen poliittisia ja taloudellisia tietoperustoja. Tutkimuksessa kuvataan, minkälaiseen informaatioon yritys- ja pääomaverouudistus perustui ja miten poliittinen ja taloudellinen tietoperusta...

We estimate the effects of the reform of the German Unemployment Insurance that replaced the wage related Unemployment Assistance with an income maintenance program and stronger means testing. We model the tax-benefit system and use the Socio-Economic Panel. We estimate a discrete labour supply...

Ziel dieses Beitrags ist die Quantifizierung der mit der Einführung des Arbeitslosengeldes II verbundenen Arbeitsangebots- und Beschäftigungseffekte. Zusätzlich wird ein Reformszenario simuliert, welches die Anreizstruktur im Niedriglohnbereich verbessern soll. Methodisch wird ein...

I propose two new tests of Falk and Knell's (2004)prediction that individuals'reference income increases with ability. To overcome the difficulty that the reference income is not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...